01.08.2013 16:52:00
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Technical Study: Home Depot, US Airways, Wendy's, and Rent-A-Center
LONDON, August 1, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
The US equity market finished on a mixed note on Wednesday, July 31, 2013, even as market participants took notice of better-than-expected second quarter GDP data and ADP private sector jobs report. However, the focus was on the Federal Reserve, which released its monetary policy statement that it is maintaining its $85 billion a month bond purchase program. All three indexes posted gains for the month of July. Shares in the services sector ended mostly higher on Wednesday even as the broader market ended on a mixed note. The major movers in the sector included The Home Depot Inc. (NYSE: HD), US Airways Group Inc. (NYSE: LCC), The Wendy's Co. (NASDAQ: WEN), and Rent-A-Center Inc. (NASDAQ: RCII). AAAResearchReports.com free coverage on HD, LCC, WEN, and RCII is available upon registration at:
http://www.aaaresearchreports.com/register/
Shares in The Home Depot Inc. edged higher on Wednesday, finishing at $79.03, up 0.55% from the previous closing price. The company's shares oscillated between $78.69 and $79.73. A total of 5.91 million shares were traded, which is below the daily average volume of 6.90 million. The company's shares have advanced 2.01% in the last one month and 7.74% in the last three months as compared to a gain of 4.95% and 5.52% in the S&P 500 during the respective periods. Download free technical research on HD by signing up at:
http://www.AAAResearchReports.com/HD080113.pdf
US Airways Group Inc.'s stock moved higher on Wednesday, extending its gains for the week. The company's shares ended the day 0.78% higher at $19.35 after fluctuating between $19.19 and $19.49. A total of 9.57 million shares were traded, which is above the daily average volume of 5.04 million. The company's shares have gained 1.36% so far this week and 17.84% in the last one month, outperforming the S&P 500 during the respective periods. Moreover, the stock is currently trading near its 52-week high of $19.70. Register now and get access to free analysis on LCC at:
http://www.AAAResearchReports.com/LCC080113.pdf
Shares in The Wendy's Co. edged higher on Wednesday, reversing some of their losses for the week. The company's shares oscillated between $7.07 and $7.25 before ending the session 0.42% higher at $7.11. A total of 6.49 million shares were traded, which is above the daily average volume of 5.39 million. The stock has dropped by 0.42% for the week as compared to a loss of 0.35% in the S&P 500. Nevertheless, the company's shares are currently trading above their 50-day and 200-day moving averages. Sign up and read our complimentary report on WEN at:
http://www.AAAResearchReports.com/WEN080113.pdf
Rent-A-Center Inc.'s stock edged higher on Wednesday, extending its gains for the week. The company's shares ended the day 1.89% higher at $39.99 after fluctuating between $39.14 and $40.13. A total of 592,385 shares were traded, which is above the daily average volume of 464,107. Rent-A-Center's shares have gained 2.67% so far this week, outperforming the S&P 500. Furthermore, the stock is currently trading near its 52-week high of $40.44. The free report on RCII can be downloaded by signing up now at:
http://www.AAAResearchReports.com/RCII080113.pdf
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SOURCE AAA Research Reports
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